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Linda Cook

Women in Shell

Screen Shot 2013-05-22 at 09.27.03Shell is a very macho culture. There is some tokenism with weasel words spoken about the need for diversity – but little action. Voser’s claim that there are not enough talented women available is absurd given Shell’s financial and international strengths. The reality is that Shell was always run by British accountants and Dutch engineers – and it still is. And they wear suits.

FROM A SHELL RELATED SOURCE

The only Executive Director of Shell (as opposed to non Execs) was Linda Cook. Some saw her as a possible CEO but the reality is that as an American she was disconnected from the vast core of the Shell World about which she knew nothing and learned less. She was tough and had some credibility but when her failings became all too apparent it was often her gender that was blamed. Another more talented American woman who nearly made it was Lynn Elsenhams but again her prospects were not helped by her career history which was mostly in Shell Oil. read more

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LINDA’S LOLLY: $30 MILLION PLUS PAYOFF FROM SHELL

She was universally hated and in the end Shell thankfully ducked appointing her as CEO and she cleared off in a hissy fit! Laughing all the way to the bank no doubt.


Graphic From Daily Mail Article: Shell braced for yet another revolt over directors’ pay

Wilt Staph Posting on Apr 15th, 2010 at 10:16 am

Shell insiders will be shocked but not surprised by the revelations about Linda cook’s departure. There are two main factors at play in this sorry saga – Americanisation and diversity. Senior American executives in Shell have historically had bonus and pay structures which far exceed those of their mainly European colleagues. The uneasy relationship between Shell’s US subsidiary, Shell Oil, and the rest of RDS over the years led to a number of high-flying Americans moving into the Shell international arena to try and address this problem. In virtually every instance these moves have been unmitigated disasters. read more

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$7.6m golden goodbye for Shell Exec Linda Cook: No wonder she is smiling

Linda Cook: 29 years’ service with Shell. Photograph: Adrian Dennis/Rex Features

FINANCIAL NEWS

17 March 2010
Mark Cobley

Yesterday the Dutch shareholders’ group VEB, which represents small investors, blasted Royal Dutch Shell for paying out $13m to boost a departing director’s pension pot, coupled with a $7.6m “golden goodbye”.

Errol Keyner from VEB told the Guardian newspaper: “The people who came up with this must have been smoking something which is not allowed in law. It’s beyond belief.” read more

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Shell to sell refineries to boost output

Daily Telegraph: Royal Dutch Shell has unveiled the most dramatic overhaul of its business in recent memory, outlining plans to exit more than a third of its 90 retail markets, slash refining capacity and return to growth after seven years of falling output.

By Garry White
Published: 10:10PM GMT 16 Mar 2010

Peter Voser, chief executive, unveiled a further 1,000 jobs cuts in addition to the 6,000 already announced as he vowed to “sharpen up” Shell in the next three years by boosting output by 11pc.

“Shell has been disadvantaged recently, due to our higher exposure to refining and natural gas, where margins are hard-wired to the economy,” Mr Voser said.

“The priorities are for a more competitive performance, for growth, and for sharper delivery of strategy. We have more to do to drive out cost and improve the operating performance in the company.” read more

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Shell’s female head of gas and power earned £3.9m in 2008 – by resigning

Oil company’s ‘golden goodbye’ made Linda Cook the second highest-paid businesswoman in Britain

Terry Macalister, Monday 14 September 2009 18.39 BST: guardian.co.uk

Linda Cook earned £3.9m last year, making her the second best-paid businesswoman in Britain. But the former head of gas and power at Shell only achieved the top remuneration spot after a “golden goodbye” when she left the company after 29 years’ service.

American-born Cook abruptly resigned after losing out to rival Peter Voser in the race for the chief executive role following the retirement of long-standing boss, Jeroen van der Veer. read more

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BP shuts alternative energy HQ

• 'Beyond Petroleum' boast in doubt as clean energy boss quits • Renewables budget will be reduced by up to £550m this year

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Surprise departure as Shell set for revamp

Royaldutchshellplc.com, an independent website used by Shell staff, said yesterday that more than 30 per cent of senior managers were expected to go.

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Massive shake-up at Shell puts 24,000 jobs at risk

The Independent

Up to a third of senior management under threat

By Sarah Arnott

Thursday, 28 May 2009

Hot on the heels of the surprise resignation of top executive Linda Cook, Shell’s in-coming chief executive Peter Voser announced major restructuring plans yesterday that could cut thousands of rank-and-file jobs.

Some 24,000 staff at the Anglo-Dutch oil giant will be affected by the changes, with job losses expected to be in the thousands. Up to a third of senior management are believed to be under threat.

There are three major structural changes. The company’s three upstream businesses – exploration and production (EP), gas and power (GP) and oil sands – will be combined into two, new regional units: Upstream Americas and Upstream International. Mr Voser is also creating an entirely new “Projects & Technology” division which will manage everything from R&D to project delivery to contracting and procurement. Finally, some parts of Shell corporate are to be absorbed into specific business units, while the rest is streamlined under a single combined human resources (HR) corporate director role. read more

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Shell spokesman says assertions of royaldutchshellplc.com “pure speculation”

Tuesday, royaldutchshellplc.com site, hosted by former employees against the direction of the oil company, had argued on the basis of internal sources as the new boss of Shell would cut a third of senior management positions. "Inevitably, there will be fewer jobs, but Shell did not set a goal in the subject, provided his side a spokesman for the group to AFP, calling the assertions of royaldutchshellplc.com of "pure speculation".

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Shell showing three into two will go

It is expected that exploration and production and gas and power will be combined into a single division. The merged business is then expected to be split in two, with an American division run by Marvin Odum, now head of Shell Oil, the US subsidiary, and the rest of the world run by Malcolm Brinded, now head of exploration and production.

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Shell: the owner of the gas division goes, rumor of reorganization

Linda Cook, boss of the division gas and energy “of Shell, on 2 July 2008 in Madrid

LONDON (AFP) – Shell announced Tuesday that Linda Cook, patroness of the division gas and energy giant Anglo-Dutch oil and candidate in the general direction, leave office on 1 June, a start could be the prelude a major reorganization.

This will precede the start of the new CEO of Shell, the current finance director Peter Voser, scheduled for July 1st. The latter was preferred to Linda Cook and other candidates, including Malcolm Brindred, leader of the division “exploration and production”, to succeed Jeroen van der Veer.  read more

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Shell clears way for senior shake-up

Financial Times

By Ed Crooks and John O’Doherty

Published: May 26 2009 09:54 | Last updated: May 26 2009 18:53

Royal Dutch Shell cleared the way for a management shake-up under its new chief executive on Tuesday as expectations mounted that Europe’s biggest oil company will soon unveil a wide-ranging restructuring.

Shell announced the sudden departure of Linda Cook, head of the gas and power division, by “mutual agreement”.

Linda Cook

Linda Cook is stepping down from the board of Royal Dutch Shell

The news came as Shell’s top 200 managers gathered in Berlin for a two-day meeting, at which the company is expected to announce restructuring plans. read more

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Former Shell Exec Paddy Briggs comments on Linda Cook departure

By Paddy Briggs

Cook’s departure is ego-driven. She lost out – so she walks away in a huff. But then that’s what you do when the only thing that matters is self-aggrandisement. What charecterises Shell head honchos in recent times is that it is all about self. Power, position, perks and obscenely inflated bonuses and rewards – and to hell with the business or the tradition or the history of this once great company and once respected brand. And to hell with the stakeholders as well. Suppliers, Partners, local communities, employees, pensioners and society at large are the disposable small fry in the selfish and self-centered world of Van Der Veer, Cook, Brinded and the rest. read more

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Shell gas chief exits after losing race for top job

Linda Cook, head of gas and power of Shell, the oil giant, will leave the company after missing out in the race to become chief executive and will forfeit a "loyalty" bonus of £800,000.

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Shell’s top gas executive, Linda Cook, resigns ahead of CEO change

Los Angeles Times

TOBY STERLING, AP Business Writer  3:13 AM PDT, May 26, 2009 AMSTERDAM (AP) — Shell’s top gas executive and highest-ranking woman, Linda Cook, is stepping down June 1, the company said Tuesday, without giving a reason. 

Cook, 50, had sometimes been mentioned as a possible successor to Chief Executive Jeroen van der Veer, who is retiring July 1. Instead the top job went to Peter Voser, the company’s chief financial officer.

“It’s a mutual decision,” said Shell spokesman Shaun Wiggins of Cook’s departure. He said the company or Cook might elaborate further later but at the moment had nothing to add. 

Cook was a Shell employee for 29 years, joining the company in Houston when she was 21. She has a degree in petroleum engineering from the University of Kansas.

In a statement, Van der Veer thanked Cook and noted the company’s liquid natural gas capacity has risen by 60 percent since she took her job five years ago. As oil production declined in the same period, Shell’s total production is now almost equally split between gas and oil. read more

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Shell: Gas, Pwr, Renewables Chief Linda Cook To Resign June 1

LONDON (Dow Jones)--Royal Dutch Shell PLC's (RDSB.LN) chief of gas, power and renewable energy Linda Cook has resigned unexpectedly, and will step down as an executive director of the company effective June 1, the company said in a statement Tuesday.

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Breaking News… Linda Cook, Executive Director of Royal Dutch Shell Gas & Power Resigns…

Linda Cook, Executive Director of Royal Dutch Shell Gas & Power

According to a reliable Shell insider source Linda Cook, Executive Director of Royal Dutch Shell Gas & Power, is leaving Shell in just a few days time, on June 1, 2009, for sudden undisclosed reasons. 

The following posting was made on our Shell Blog at 8am UK time…

Linda Cook is stepping down. Peace at last, peace at last. Now there is room for talented women instead of token women. Will she return her stay-on bonus? Very curious what bullshit story she will now come up with! read more

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An Early Start in the Oil Industry

LINDA COOK: Executive director, gas and power, Royal Dutch Shell, the Netherlands

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Shell set to clash with investors

RiskMetrics, the international voting agency, advises shareholders to vote Shell’s pay plan down. And the Association of British Insurers has put an “amber top” alert out, warning its members of a potential breach of good governance.

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Shell pay packages defy poor stock performance

Royal Dutch Shell's senior executives were paid sharply higher remuneration last year, although performance in terms of shareholder returns was the worst of all big western oil companies.

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Major job cuts at Shell

It has gone from the petty to the ridiculous... How can a company that for the last two years has boasted the largest profits in British history now go on to be cutting sandwiches and fruit... and encouraging their employee's to get their own lunch.

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Shell says Qatar Pearl project tough but on track

"It's a very challenging project, but so far so good," Linda Cook, Shell's executive director for gas and power, told reporters on the sidelines of a conference.

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An Open Letter to Richard Wiseman, Chief Ethics Evader & Non-Compliance Officer, Royal Dutch Shell Plc from Ray Fox

You will recall the white worms, dying trees and plants in my garden callously dismissed by you at the time as "your horticultural problems" – those "problems" subsequently ruined the lives of my family.

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NOVEMBER 2008 EMAIL CORRESPONDENCE WITH RICHARD WISEMAN, CHIEF ETHICS & COMPLIANCE OFFICER, ROYAL DUTCH SHELL PLC

We also have the possibility that the radioactive contamination resulted from the arms which according to a very reliable knowledgeable source, Mr Gerald James, passed through the Earley terminal persuadably as part of Shell’s involvement in the “oil-for-arms trade.

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Top job shake-up at Shell in pipeline as new chief eyes costs

Shell has suffered a small exodus of talent in the past six months, including Lynn Laverty Elsenhans, 52, who reported to Mr Routs as head of refining and chemicals and was seen as a strong candidate to succeed him. Losing too many more top executives would be embarrassing.

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Shake-up in pipeline as Shell chief eyes costs

Royal Dutch Shell is considering changing the structure of its top executive team, in a move seen by some industry insiders as a precursor to a wider shake-up under Peter Voser, who takes over as chief executive in July.

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Overnight email correspondence with Richard Wiseman, Chief Ethics and Compliance Officer of Royal Dutch Shell Plc

Quite frankly, given your track record it is disgraceful that you have been appointed to the position of Chief Ethics and Compliance Officer for Royal Dutch Shell Plc. It must be because Machiavelli is unavailable.

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Women to Watch: Linda Cook

The following year was critical for Shell: The company was rocked by scandal when it emerged that it had overstated its energy reserves. There followed a major restructuring, which catapulted Ms. Cook to the top echelons of Shell management.

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Shell Names Voser Its CEO

LONDON -- Royal Dutch Shell PLC named Chief Financial Officer Peter Voser as its new boss, rewarding a man who helped restore the Anglo-Dutch company's battered reputation with investors after an accounting scandal in 2004.

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Shell names successor to Van der Veer

The oil group, which will announce its third-quarter results today, said the appointment had been made after a "comprehensive assessment and review of internal and external candidates".

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Voser surprise choice as Shell chief

Encouragement from inside and outside the company persuaded Mr Voser to abandon the idea of returning to Switzerland, which he had considered, and to put himself forward to replace Mr van der Veer.

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Business big shot: Peter Voser

Peter Voser's appointment as chief executive of Shell suggests an effort has been made to draw a line under the murkiest episode in the company's recent history.

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Finance officer Peter Voser takes command at Royal Dutch Shell

The Anglo-Dutch group said that the appointment of Mr Voser came after a review of both internal and external candidates. He saw off two other Shell candidates: Linda Cook, the American head of Shell's Gas and Power business, and Malcolm Brinded, the British head of exploration and production.

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Shell Picks New CEO For Difficult Times

Voser was already one of the potential candidates back in 2007, when van der Veer announced his retirement, but there had been some hope that the head of North America, Linda Cook, would be announced as the company's first female CEO.

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Linda Cook, Shell’s director of gas and power… tipped as future chief executive

When you look at the number of women at entry level, the same numbers are not reflected at the top but we are seeing good progress.” She cites Linda Cook, Shell’s director of gas and power, who is tipped as a future chief executive.

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In Gas Deal, Shell Gains Iraq Presence

raqi Oil Minister Hussein al-Shahristani told reporters Monday the deal with Shell was worth "billions of dollars." Shell declined to put a price on the investment, saying the agreement signed Monday merely set out the commercial principles of the joint venture, which will be 51% owned by Iraq's state-run South Gas Company and 49% by Shell.

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Shell makes move into Iraq

Linda Cook, Shell's head of gas and power, was in Baghdad yesterday to sign a multi-billion dollar agreement to make commercial use of gas currently being flared off in southern Iraq.

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Shell Sets Up First Iraq Office Since the 1970’s

“We are ready to establish a presence,” the official, Linda Cook, executive director of the company’s gas and power unit and a member of the board, said during a news conference in Baghdad’s heavily guarded Green Zone in response to a question

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Shell CEO Jeroen van der Veer has built up an annual pension entitlement of £828,923 a year

The only woman to enter the top 20 pensions list was Linda Cook, Shell's gas and power boss and a frontrunner to take over the oil company as chief executive when Van der Veer retires.

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Linda Zarda Cook the next CEO of Royal Dutch Shell?

Linda Zarda Cook, a Shawnee native who earned a bachelor's degree in petroleum engineering from KU in 1980, ranks 43rd. Now the executive director of gas and power for Royal Dutch Shell, Cook is in the running to become CEO of the company in 2009

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More women stalled on corporate ladder

On Aug. 8 Lynn Elsenhans, who previously worked for Royal Dutch-Shell, will take over from John Drosdick as the CEO of Sunoco, an American oil-refining giant. Meanwhile Shell’s executive director of gas and power, Linda Cook, is said to be one of two internal candidates who could replace the company’s CEO, Jeroen van der Veer, who is due to step down next year. Should she do so, she would become the first female CEO of a major oil producer.

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Comments of former Shell Exec Paddy Briggs on Linda Cook

By Paddy Briggs

There are many who believe that many of Shell’s problems in recent times has come from a growing Americanisation of this historically European company. My experience with senior Americans (Jim Morgan, Steve Miller, Lynn Elsenhans and others) was that they were usually likeable but wholly unsuited to the international character of Shell. The regrettable centralisation of decision making is an American led virus. Linda Cook has no international experience to speak of and she sounds like an archetypal centralising American business apparatchik – the last thing Shell needs just now. read more

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Cook ahead in Shell’s two-horse race

In the minds of some outside the company, Mr Brinded's image is still tarnished by memories of the aftermath of the reserves scandal in 2004.

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Cook leads in Shell’s two-horse race

The withdrawal from the race of Peter Voser, the chief financial officer who has been in talks with UBS, where he is already a director and head of the audit committee, has left Ms Cook and Mr Brinded, the executive director of exploration and production, as the two contenders. Both have strengths, but both also have significant weaknesses.

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Emissions scheme adds to LNG costs, Shell says

Ms Cook, who is based in The Hague, said Australia was an attractive place to develop LNG because of its large resource base and its proximity to large markets in Asia. Shell owns 34 per cent of Woodside and has stakes in several potential LNG projects in Australia including Gorgon, Wheatstone, Browse, Sunrise, Prelude and a Gladstone project.

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Shell urges Rudd to protect LNG

Shell Australia chairman Russell Caplan and the company's global head of gas power Linda Cook said yesterday they would continue to work with the federal Government to ensure the interests of the emissions-intensive, trade-exposed (EITE) sector were catered for in the carbon trading regime.

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Shell sees no problem in dealing with concerns over coal seam gas

Royal Dutch Shell's global head of power and gas, Linda Cook yesterday said the super major was still looking for new CSG openings in Australia to add to its recently added stake in Arrow Energy. "We've had that (CSG) on our radar for some years," Ms Cook said during a visit to Australia.

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Cook to break the mould at Shell

Cook joined the Shell board in 2004 in the aftermath of the embarrassing reserves scandal that cost chairman Sir Phil Watts and finance director Judy Boynton their jobs. She was devastated by the shake-up, having liked and respected Watts, but she refused to be deflected by the upheaval, choosing instead to get on with the job.

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Linda Cook said to be front-runner for Royal Dutch Shell CEO job (does this mean Malcolm Brinded CBE will end up as doorman at Shell Centre?)

In March 2007, Brinded was at the center of allegations claiming that that "top directors of Shell Expro in Aberdeen, the UK arm of the Anglo-Dutch group, allegedly sanctioned a policy widely known as Touch Fuck All (TFA) whereby offshore installation managers were told to stop any work with the potential to cause unplanned shutdowns"

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